Shocks &extreme events

Guinea Bissau: electronic payment tools

Submitted by cambrosio on Wed, 10/28/2020 - 17:06

cabri-sbo.org (25.03.2020)

To promote the use of electronic payment tools the Western Africa Central Bank (BCEAO) is providing more flexible measures to open a mobile money and making transfers between people backed by electronic money free.

Regions / Country
Guinea-Bissau
Global challenges
Topics
E-services
Cash transfers

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Tajikistan: Cash assistance for struggling families in Tajikistan amid the pandemic

Submitted by cambrosio on Wed, 10/28/2020 - 16:34

unicef.org (16.10.2020)

The Government of Tajikistan is working with the World Bank to provide support to low-income families in Tajikistan through the Tajikistan Emergency COVID-19 (TEC-19) Project. Up to 50,000 families with children under the age of 3, who are registered as poor in the national program of the Targeted Social Assistance (TSA), will receive one-off payments of 500 TJS (around US$50) in order to offset the impacts of the pandemic. 20,000 families have already received this vital support, which is helping them cover essential needs such as food and medication.

Regions / Country
tajikistan
Global challenges
Topics
Unemployment
Social assistance
Cash transfers
Document Type

Spain: Prioritization of workers in short-term work schemes for vocational and professional training

Submitted by mmarquez on Tue, 10/13/2020 - 14:37

Las personas en ERTE tendrán la consideración de colectivo prioritario para el acceso a las iniciativas de formación del sistema de formación profesional para el empleo en el ámbito laboral.

Regions / Country
spain
Global challenges
Topics
Employment

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Spain: Unemployment benefit goes back to 70% and dismisses previous reduction

Submitted by mmarquez on Tue, 10/13/2020 - 14:33

eldiario.es (29.09.2020) El Ministerio de Trabajo ha evitado la reducción de la cuantía de la prestación por desempleo de los trabajadores en ERTE pasados los seis meses en esta situación. Con la legislación vigente, aprobada con el Gobierno de Mariano Rajoy, la cantidad se reducía del 70% al 50% de la base reguladora, una reducción que se anula y se mantiene la cantidad del 70%.

Regions / Country
spain
Global challenges
Topics
Unemployment
Cash transfers

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Spain: Extension of short-term work support program ERTE until January 31st

Submitted by mmarquez on Tue, 10/13/2020 - 14:28

eldiario.es (29.09.2020) Los ERTE por fuerza mayor existentes se prorrogan hasta el 31 de enero. Los ERTE por causas objetivas –los llamados ETOP– seguirán siendo aplicables hasta el término que tuvieran establecido y se podrán prorrogar si se solicita ante la autoridad laboral, con las condiciones establecidas en el primer decreto que reguló esta herramienta laboral (y que no daban derecho a que los expedientes ETOP se beneficiaran de ayudas a la cotización).

Regions / Country
spain
Global challenges
Topics
Unemployment

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Poland: Expansion of eligibility for temporary social security contributions

Submitted by mmarquez on Tue, 10/13/2020 - 14:14

Social Security Agency (18.04.2020) On April 18 and May 15, Poland's government amended its Anti-Crisis Shield (Tarcza Antykryzysowa) program to expand eligibility for temporary social security contribution reductions. Under the amended program, employers with 10 to 49 employees as of February 29 can receive a 50-percent reduction in the contributions they owe for March, April, and May.

Regions / Country
poland
Global challenges
Topics
Compliance and Contribution Collection
Document Type

Norway: Tax developments in response to COVID-19 -

Submitted by mmarquez on Tue, 10/13/2020 - 13:57

KPMG Global (01.05.2020) To reduce costs and improve cash flow immediately, social security contribution rate will be reduced with 4 percent of the total contribution rate of 14.1% assumable for the salary payments in May and June.  Some areas in Norway pay 0%. These areas will receive a subsidy equal to 4 % of the employer social security contribution base. 

Regions / Country
norway
Global challenges
Topics
Compliance and Contribution Collection
Document Type

India: Reduced EPF contribution for 3 months

Submitted by mmarquez on Tue, 10/13/2020 - 11:35

conomictimes.indiatimes.com (15.06.2020) The Employees' Provident Fund Organisation (EPFO) will reduce its EPF contribution rate from 12 per cent to 10 per cent for both employers and employees for the months of months May 2020, June 2020 and July 2020. It is applicable to all class of establishments covered under the EPF & MP Act, 1952 except the establishments like Central and State Public sector enterprises or any other establishments owned or controlled of the Central govt or State govt.The reduced rate is also not applicable to establishments eligible for PMGKY benefits, since the

Regions / Country
india
Global challenges
Topics
Old age Pensions
Compliance and Contribution Collection
Document Type

Czech Republic: Late Employer SS Contribution Penalty Relief

Submitted by mmarquez on Tue, 10/13/2020 - 11:27

KPMG Global (27.05.2020) Reduction in the penalty for late payment of social security contributions payable by employers in the amount of 24.8 percent of their employees’ wages (employer’s contributions) for the calendar months of May to July 2020. If the contributions due for these months are paid by 20 October 2020, the employer will be required to pay only 20 percent of the standard penalty for late payment stipulated by the Insurance Premiums Act.2 The reduced penalty will thus correspond to approximately 4 percent interest rate per annum.

Regions / Country
czech republic
Global challenges
Topics
Compliance and Contribution Collection

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Guernsey: The Policy & Resources Committee agrees to continue financial support measures for worst hit sectors

Submitted by cambrosio on Mon, 10/12/2020 - 13:38

covid19.gov.gg (14.09.2020)

The Policy & Resources Committee has agreed to continue the payroll co-funding scheme for the most impacted sectors and businesses until the end of 2020, having previously been extended to the end of September. However, there will be a further reduction of those eligible for support once the island moves into phase 5c of its exit from lockdown strategy. While no date has been decided to move to phase 5c, it is expected within the period of this three month extension to States funded support.

Regions / Country
Guernsey
Global challenges
Topics
Cash transfers
Covid-19
Document Type